Shyam Dhani Industries Limited is a Jaipur-based FMCG company engaged in manufacturing and selling spices and grocery products under the “SHYAM” brand. The company earns revenue from sale of ground spices, blended spices, whole spices and grocery products. Its products are widely used in households, HoReCa, and retail grocery platforms across India through organized and direct distribution channels.

The Company is led by Promoter, i.e.,  MR. RAMAWTAR AGARWAL, MRS. MAMTA DEVI AGARWAL, MR. VITHAL AGARWAL

The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 6,382.54 Lakh, ₹ 12,475.41 Lakh, â‚¹ 10,763.63 Lakh, and ₹ 6,810.27 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 865.85 Lakh, ₹ 1,452.06 Lakh, ₹ 1,088.46 Lakh, and ₹ 596.85 Lakh, The Profit after Tax for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were â‚¹ 420.03 Lakh, ₹ 447.67 Lakh, â‚¹ 804.16 Lakh, and ₹ 630.29 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of â‚¹5.41 and post-issue EPS of ₹3.89 for FY25. The pre-issue P/E ratio is 12.94x,while the post-issue P/E ratio is 17.98x against the Industry P/E ratio is 8.31x The company's ROE for FY25 is 41.06% and RoNW is 34.07% The Annualised EPS is ₹6.38x and P/E is 15.37x. These metrics suggest that the IPO is Fairly priced.

The Grey Market Premium (GMP) of Shyam Dhani Industries showing listing gains of 17.10%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Apply to the Shyam Dhani Industries Limited IPO for Listing gain or Long Term Purposes.